Riskpilot← Back to searchSign inGet full accessFIRSTFARMS A/S
A/SActiveCVR 28312504Majsmarken 1Business and other management consultancy activities · NACE 7020Est. 20047 employees
Revenue 2024
DKK 454M
-2% vs 2023
EBITDA margin
23.2%
+4% vs 2023
Equity ratio
48.6%
Financial strength
Net profit 2024
DKK 16,3M
-37% vs 2023
| Revenue | DKK 454M | -2% |
| EBITDA | DKK 105,3M | +4% |
| Net profit | DKK 16,3M | -37% |
| Total assets | DKK 1,7B | +12% |
| Equity | DKK 819,2M | +13% |
| Employees | 7 | — |
Legal name
FIRSTFARMS A/S
CVR number
28312504
Legal form
Aktieselskab
NACE code
7020 · Business and other management consultancy activities
Founded
22. december 2004
Share capital
DKK 122.463.110
Employees
7 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af bestyrelsens formand i forening med et bestyrelsesmedlem eller en direktør, af 2 bestyrelsesmedlemmer i forening med en direktør eller af den samlede bestyrelse.
Company purpose
Selskabets formål er direkte eller indirekte at foretage investeringer i landbrug eller selskaber, der driver sådanne samt drive virksomhed med produktion og handel og anden virksomhed, der efter bestyrelsens skøn er forbunden hermed.
Address
Majsmarken 1
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 125.008 | 111.841 | 130.257 | 430 | 490 | 250 | 2.767 | 10.151 | 9.492 | 461.562 | 454.019 |
| Staff expenses | -0 | -0 | -0 | -7.396 | -0 | -9.637 | -0 | -9.548 | -10.978 | -97.802 | -112.072 |
| EBITDA | 19.172 | -14.657 | -2.771 | -6.966 | -9.183 | -9.387 | 10.053 | 1.409 | -6.880 | 101.242 | 105.316 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 48 | -105 | -51.147 | -62.366 |
| EBIT | 19.172 | -14.657 | -2.771 | -6.966 | -9.183 | -9.387 | 10.053 | 1.361 | -6.985 | 50.095 | 42.950 |
| Net financials | -7.673 | -7.806 | -9.750 | 8.344 | 17.314 | 30.617 | 34.847 | 33.394 | 72.451 | -16.534 | -34.093 |
| Profit before tax | 11.499 | -22.463 | -12.521 | 1.378 | 8.131 | 21.230 | 24.794 | 34.755 | 65.466 | 33.561 | 8.857 |
| Tax | 2.672 | -486 | 436 | -1.981 | 3.388 | -1.195 | -0 | 11.159 | -0 | 7.519 | -7.492 |
| Net profit | 8.827 | -21.977 | -12.957 | 3.359 | 8.131 | 22.425 | 24.794 | 34.755 | 65.466 | 26.042 | 16.349 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 505.848 | 525.946 | 515.515 | 457.947 | 507.161 | 606.685 | 671.350 | 716.300 | 851.660 | 1.509.689 | 1.684.898 |
| Equity | 328.730 | 306.173 | 292.823 | 315.073 | 370.118 | 392.315 | 483.477 | 530.133 | 683.061 | 722.196 | 819.155 |
| Long-term debt | 96.985 | 70.137 | 95.059 | 111.823 | 130.930 | 150.143 | 150.461 | 72.684 | 93.315 | 655.037 | 718.815 |
| Short-term debt | 80.133 | 149.636 | 127.633 | 31.051 | 6.113 | 64.227 | 37.412 | 113.483 | 75.284 | 132.456 | 146.928 |
| Total debt | 177.118 | 219.773 | 222.692 | 142.874 | 137.043 | 214.370 | 187.873 | 186.167 | 168.599 | 787.493 | 865.743 |
EBITDA margin
23.2%
This company
15.8%
Market median
+47% vs market
20142024
Equity ratio
48.6%
This company
38.2%
Market median
+27% vs market
20142024
Return on equity
2.0%
This company
18.4%
Market median
-89% vs market
20142024
Net profit margin
3.6%
This company
8.1%
Market median
-56% vs market
20142024
Asset turnover
0.27×
This company
1.12×
Market median
-76% vs market
20142024
Debt / equity
1.06×
This company
0.62×
Market median
-71% vs market
20142024
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
SA Founder | Founder | 2004 | — | — |
PV Founder | Founder | 2004 | — | — |
JJ Founder | Founder | 2004 | — | — |
AH Chief Executive Officer | Chief Executive Officer | 2012 | — | — |
BS Founder | Founder | 2004 | — | — |
SB Management | Management | 2025 | — | — |
MH Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
KA Management | Management | 2006 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2006 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2011 | — | — | |
| Board of Directors | 2006 | — | — | |
| Board of Directors | 2004 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2006 | — | — | |
| Board of Directors | 2004 | — | — | |
| Deputy Chairman | 2025 | — | — | |
| Board of Directors | 2013 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2004 | — | — | |
| Board of Directors | 2013 | — | — | |
| Board of Directors | 2013 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
CONSTANTINSBORG A/S | Company | 25.0% | 25.0% | 2025 |
AIC A/S | Company | 10.0% | 10.0% | 2025 |
THORASO ApS | Company | 10.0% | 10.0% | 2020 |
Thoraso Holding ApS | Company | 5.0% | 5.0% | 2025 |
Thoraso Invest ApS | Company | 10.0% | 10.0% | 2015 |
| Individual | 5.0% | 5.0% | 2017 | |
WEFRI A/S | Company | 10.0% | 10.0% | 2020 |
| Individual | 10.0% | 10.0% | 2016 | |
OLAV W. HANSEN A/S | Company | 10.0% | 10.0% | 2017 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Thoraso Holding ApS
FIRSTFARMS A/S Board members of FIRSTFARMS A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Stig Axel Andersson | Founder | 0 companies |
| Per Villumsen | Founder | 0 companies |
| Johan Johansen Schmidt | Founder | 0 companies |
| Anders Holger Nørgaard | Chief Executive Officer | 0 companies |
| Bjarne Skou | Founder | 0 companies |
| Søren Bredvig | Management | 0 companies |
| Michael Hyldgaard | Chief Executive Officer | 0 companies |
| Kim Abildgaard Stokholm | Management | 0 companies |
| Bendt Tido Hannibal Wedell | Board of Directors | 0 companies |
| Jesper Langkilde Pagh | Board of Directors | 0 companies |
| Kjeld Lindberg Iversen | Board of Directors | 0 companies |
| Claus Ewers | Board of Directors | 0 companies |
| Peder Mouritsen | Board of Directors | 0 companies |
| Jens Møller | Board of Directors | 0 companies |
| Kurt Landtved | Board of Directors | 0 companies |
| Karina Grosen Boldsen | Board of Directors | 0 companies |
| Lars Allan Thomassen | Board of Directors | 0 companies |
| Gudmund Kristensen | Board of Directors | 0 companies |
| Henrik Hougaard | Deputy Chairman | 0 companies |
| Jens Bolding Jensen | Board of Directors | 0 companies |
| Asbjørn Børsting | Chairman | 0 companies |
| Lise Kaae | Board of Directors | 0 companies |
| Tom Gunnar Høeg | Board of Directors | 0 companies |
| Bent Juul Jensen | Board of Directors | 0 companies |
| John Christian Aasted | Board of Directors | 0 companies |